what's a reasonable amount of a raise?

Question

after one year? does it variey?

Answer 1

It really depends on many factors, including your industry, your work ethic and how well your company is doing. There is no standard raise and many employers negotiate it. There are websites like salary.com where you can research how much people like you make and give tips on how to get more of a raise when it comes time for your annual review.

Answer 2

It depends on what you bring to the company, in sales and investing( very different yet inter-related industries) if your numbers are good, ask for something above inflation they generally and historically bring in the most money, even though a lot has changed in the economy, you might be worth a certain amount, but if you live far away from where your ideal paying job is, it s hard to get or command that salary after awhile, if your non-growing stagnant, or barely growing sector it might depend on a few factors, your loyalty, what you do, your customer retention, skills, knowledge and ability, all different things. If customers and co-workers stand up for you, that can be a huge motivating factor for a upper management, a boss, sometimes there is unwritten rules, and rules a company must follow, even in strange, new or difficult terrain. Trust the process, it s designed for your benefit. Hope that helps. Here is a basic quote to look at from the U.S. Census Bureau 2012,"

According to this information 151 million Americans earned some sort of wages or compensation in 2011. The median wage in the US per person is $26,695. This tells us a lot since the median household income is at $50,500. Since the Census data looks at households, this data hones in on individual wage earners.Dec 31, 2012.

It might be better to learn for awhile skills that pay later a great deal is my bottom line point( sales, investing, saving(any job where you work hard).. You can make anything possible, just gotta find a way to do it.

Here are some more numbers from career one stop from last year.

Top 50 Highest-Paying Industries by Average Weekly Wages
Displaying Records 1-25 of 50 Next 25 > Show All Records
# Industry Average Weekly Wages Average Annual Wages
1 Open-End Investment Funds $4,118 $214,155
2 Securities Brokerage $3,687 $191,716
3 Sports Teams and Clubs $3,645 $189,538
4 Securities and Commodity Exchanges $3,600 $187,200
5 Commodity Contracts Dealing $3,568 $185,516
6 Other Financial Vehicles $3,533 $183,706
7 Electronic Computer Manufacturing $3,369 $175,204
8 Miscellaneous Intermediation $3,311 $172,171
9 Electronic Auctions $3,060 $159,137
10 Internet Publishing and Broadcasting and Web Search Portals $3,033 $157,707

Answer 3

General rule- After 1 year's employment they'll evaluate your performance to determine if you're meeting all of your goals and if you deserve one. Generally, it will range from 1%-5%.

If you feel you deserve a raise, present a good argument to your employers. To do so, you need to demonstrate how you excel in your job. By excel I don't mean by doing what's required of you but above and beyond that. Do you do the work of 3 people a day? Show them, explain to them all the extra work you've taken. I would recommend not doing this for at least 6 months of being employed. Give them a dollar amount. This is business and a lot of business involves negotiation. Be polite about it though not demanding.

I hope this helps!

Answer 4

Raises are not guaranteed - no employer is obligated to give you a raise. However, you're free to ask and negotiate (if the can't giv eyou more cash, maybe they can give you more training, a better office, etc).

An annual COLA (cost-of-living adjustment) raise of 3-4% is standard for many companies to match the rising costs of inflation.

Answer 5

Whatever the market will bear.
In other words slightly more than you could get if you got a job somewhere else.

Have you bothered to check around and see what you are worth compared to others with your skills in that company or to other companies?

If they talk about loyalty or anything else, that must be translated into money. Companies like to talk about loyalty, atmosphere, belonging and how much they love you, but they really do not care if you starve if it means they save a penny.

Answer 6

In short, the raise needs to match inflation, if not you are losing your orginal value. I view this as keeping the value of my paycheck and not really a raise. A pay raise for me would be any value above inflation.

Answer 7

No one is guaranteed a raise unless you have an employment contract or union agreement. You need to make your case to the management.

Answer 8

It varies for lots of reasons.

the industry you're in
what job you do
how good you do your job
the financial state of your company
etc

Answer 9

anything around 3%!!!

Answer 10

Depends on where you work....